North Korea Changing its Economic Model

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Korea Daily, News Report, Posted: Aug 09, 2012


Pyongyang reportedly laid out new economic measures that change its state-supervised distribution system and then gave official explanations about the changes to the public in an apparent shift toward a market economy.

Sources familiar with North Korean affairs as well as Radio Free Asia said yesterday that the North Korean regime has held public lectures at local farms and companies about launching the new economic system.

RFA said that North Korea “is going to allow people to run factories or companies autonomously and set prices of their products by themselves,” citing multiple sources.

The sources also said that the new system “distributes materials only for some people engaged in special sectors such as government, military, education or medicine, which will actually abolish the public distribution system.”

“Granting autonomy to collective farms or factories would make a huge impact on expanding the role of the market in the regime,” Im Eul-chul, a professor at the Institute for Far Eastern Studies, told the JoongAng Ilbo. “It means they will officially approve some economic actions that had been regarded as illegal.”

Starting from this fall, the regime will take only 70 percent of the harvest and allow farmers to own the remaining 30 percent, the sources told RFA.

So far, people were able to possess surpluses that exceed a certain level designated by the regime, but that standard was useless because of the extremely low output of North Korean agriculture.

The sources said that the new economic policy, dubbed “June 28 economic measures,” was set by the directive of new leader Kim Jong-un, which reportedly read, “to launch an economic management system in our own style.”

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Anonymous

Posted Aug 13 2012


Dear sir,

This letter addresses economist world over taking into account problems faced by India
This can be easily modified to address economic problems of any country
Because the basic problems are same though out the World

Many a times I have asked some youngsters “How is India?”
Most of them almost always said India is progressing in many fronts.
They further said , “Now they have many opportunities to scale!”
There are many industrialists who also share this view.

But then almost all of them missed one point
Our progress in Economic Front!

• An estimated 400 million people – more than the population of the United States –
live on less than $1 a day.
• India also had 828 million people below $2 a day.
• On this scale Sub-Saharan Africa, the world's poorest region, is better than India
• It is surprising , One third of worlds poor live in India.
• In India today we have 65% population on farms
• Most of their life is miserable .
• More than 17,500 farmers a year killed themselves between 2002 and 2006,
• At least 160,000 farmers have committed suicide since 1997
• There are only 33 million tax payers in India

If we think of these statistics we will be convinced, “ It is time for all of us to work for a new India free from all these vagaries”.

“Change India” should be our new slogan

To change India Dreams are not enough. We need workable solutions. Throughout the world search is going on for new models.

There were 32 noble laureates who wrote on , “ how to scale new peaks in economy”. But then they provide incremental benefits under capitalism.
No more than that!

The search ends here with the formulation of a new economic theory , Which I call “The Reverse Principle”

The model itself is simple
It is the fusion of three concepts!

It keeps within itself the spirit of co-operative effort: All to work ! All to produce ! All to share
It keeps the spirit of capitalism: Self sustaining ! Self growing ! Self regeneration !
It uses the concept of post dated cheque

The fusion releases economic nuclear power and changes the very life style of every one
This revolution may make a beginning in India soon!

Several books are written on this theme

More on these topics can be seen in webs
1. http://cosmic-civilizations.com for philosophical issues
2. http://spin-india2015.com for economic and political ideas

There are 10 CD’s and several power point presentations that brings out these concepts in a logical manner.


CD1. Introducing the Basics of new economic model
CD2. Towards Total Transformation
CD3. Our Road to New life Styles
CD4. Our journey to New Life Styles
CD5. Self Reliant villages of Mahatma Gandhi
CD6. Corruption gets routed out
CD7. New Heights in our Life Styles
CD8..The Greatest of all Plans
CD9.. Transforming the World Economy
CD10. New Economic Model for New Age

These theories have not come out just like that
I have a dream of India in the year 1965. In 35 years I have developed philosophy of the Unified Vision .
About 100 articles and several books are brought out on these concepts.

From 2000 to 2004 I have brought out, “India in My Dreams , Vision 2015”.

Since then 7 years have passed. During this period I have worked out every detail of this model to the level of bolts and nuts

The Power point presentation , “It is not a Dream “ brings out the effort that is gone in preparing these theories.

I have kept most of these power point presentations on top of the home page of the web
http://spin-india2015.com

It takes just one hour to read the basics in these power point presentations .
After going through these basics one can read selected topics for more clarity.
All your doubts will be cleared.

Dear sir ! Can we work for this cause together ?

I eagerly look for your email
k_meera_sahbu@yahoo.com


With warm personnel regards

KETA MEERA SAHEBU

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